GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » CO2 Gro Inc (TSXV:GROW) » Definitions » Long-Term Capital Lease Obligation

CO2 Gro (TSXV:GROW) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is CO2 Gro Long-Term Capital Lease Obligation?

CO2 Gro's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil.


CO2 Gro Long-Term Capital Lease Obligation Historical Data

The historical data trend for CO2 Gro's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CO2 Gro Long-Term Capital Lease Obligation Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

CO2 Gro  (TSXV:GROW) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

CO2 Gro Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of CO2 Gro's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


CO2 Gro (TSXV:GROW) Business Description

Industry
Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 GRO Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.
Executives
Stephen Mark Gledhill Senior Officer

CO2 Gro (TSXV:GROW) Headlines